Overview
What is Protective Life Corporation Master Welfare Benefit Trust?
Protective Life Corporation Master Welfare Benefit Trust is a nonprofit entity, established to provide life insurance benefits to retired employees of Protective Life Corporation. As of December 31, 2022, the trust covers approximately 749 retirees. Its primary mission is to ensure financial security for these retired individuals, offering them life insurance benefits as a part of their post-employment benefits package. The trust serves a crucial role in supporting the well-being of its beneficiaries, providing them with peace of mind during their retirement years.
Is Protective Life Corporation Master Welfare Benefit Trust legitimate?
Protective Life Corporation Master Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Protective Life Corporation Master Welfare Benefit Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Protective Life Corporation Master Welfare Benefit Trust?
The Protective Life Corporation Master Welfare Benefit Trust is committed to providing life insurance benefits for the retirees of Protective Life Corporation. This mission is aimed at offering financial security and support to the approximately 749 retirees as of December 31, 2022. The trust serves as a safety net, ensuring that these individuals can maintain their livelihoods during their post-retirement years. The primary activity of the trust is to administer and distribute these life insurance benefits in accordance with its established guidelines and policies.
Who is the CEO of Protective Life Corporation Master Welfare Benefit Trust?
Paul Wells is the Ceo & Pres Of Protective Life Corp of Protective Life Corporation Master Welfare Benefit Trust. The CEO's salary of Protective Life Corporation Master Welfare Benefit Trust is $0 and their total compensation is $0.
What is the revenue of Protective Life Corporation Master Welfare Benefit Trust?
Protective Life Corporation Master Welfare Benefit Trust's revenue in 2022 was $24,335.
Who are the executives of Protective Life Corporation Master Welfare Benefit Trust and what are their salaries?
Here are 6 key members and their salaries (Protective Life Corporation Master Welfare Benefit Trust's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Protective Life Corporation Master Welfare Benefit Trust?
Protective Life Corporation Master Welfare Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Protective Life Corporation Master Welfare Benefit Trust
Protective Life Corporation Master Welfare Benefit Trust, as its name suggests, is a trust entity that has a mission focused on providing life insurance benefits. This mission is specifically tailored towards the retirees of Protective Life Corporation. The trust serves to offer a sense of security and financial assistance to these retired employees, ensuring that they can continue to enjoy a certain level of financial stability. As of December 31, 2022, the trust is reported to be supporting approximately 749 retirees. The trust's role is crucial in providing a safety net, especially during retirement, ensuring that these individuals can maintain their quality of life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Protective Life Corporation Master Welfare Benefit Trust plays a crucial role in supporting the financial security of retirees from Protective Life Corporation by providing essential life insurance benefits. By covering approximately 749 retirees as of December 31, 2022, the Trust ensures that these individuals have a safety net in place, contributing to their overall sense of well-being and peace of mind. The mission to deliver life insurance benefits directly impacts the quality of life for retirees, allowing them to maintain financial stability for themselves and their families. This initiative not only reflects the organization's commitment to its former employees but also fosters a sense of community and support among retirees in Birmingham, Alabama.
This information is meant to be a general summary of Protective Life Corporation Master Welfare Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,335
- Gross Receipts: $24,335
Assets and Liabilities:
- Total Assets: $4,033,916
- Total Liabilities: $16,786
- Net Assets: $4,017,130
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2004
Phone
(205) 268-1000Principal Officer
Paul Wells
Main Address
PO BOX 2606, BIRMINGHAM, AL, 35202
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Protective Life Corporation Master Welfare Benefit Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.